Basics

LEAPS

Long-term options (1+ year)

What is LEAPS?

LEAPS Long-Term Equity Anticipation Securities. Options with expiration dates more than one year out. Lower theta decay but higher vega exposure.

Complete Definition

Long-Term Equity Anticipation Securities. Options with expiration dates more than one year out. Lower theta decay but higher vega exposure.

Related Terms

Days To Expiration Theta Vega

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